When the Federal Reserve Chairman dies, Bartlet must quickly choose a successor in order to avoid financial chaos. However, he is reluctant to pick the obvious choice for Fed Chair, who used to be Abby's boyfriend. The matter is worsened when Danny Concanon receives a quote from the first lady saying she supports her ex-boyfriend, leaving Bartlett more irate. Meanwhile, Josh and Toby are courting congressman in order to get more votes for a bill they already won. However, a congresswoman, who felt 'betrayed' by Abby, poses a threat to the bill.

In an episode dotted with flashbacks, Leo and his attorney Jordon Kendall (Joanna Gleason) face a Congressional inquiry into whether the president lied to the American people regarding his MS, but this particular day of hearings concerns itself more with Abby and her secretly medicating Jed, and later with Leo's having fallen off the wagon during the campaign (a politically motivated Republican rep on the committee witnessed Leo drunk in his room three days before the nomination); we see the meeting in which Leo talked N.H. Governor Bartlet into running for president, introducing his idea, "Bartlet for America", on a cocktail napkin, which the president later frames and returns to Leo as a gift in thanks for all he's done for the president over the years; Cliff Calley, Donna's boyfriend and special counsel to the judicial oversight committee, asks the committee chair to halt the inquiry before the rep can compel Leo to admit his personal transgression; Leo asks Jordon to Xmas Eve dinner.